# Glacier Bancorp, Inc. (GBCI)

> Source: Nexqual · https://nexqual.com/GBCI · data as of 2026-10-23 14:45 UTC · cite as "Nexqual, Glacier Bancorp, Inc. (GBCI), nexqual.com/GBCI" · informational, not investment advice.

**Price:** USD 46.82 (+1.80% today) · US market open, as of October 23, 2026 at 14:45 UTC; quotes may be delayed. Prev close 45.99 · day 45.84–46.92 · 52w 39.9–54.58 · market cap $6.10B · NYQ

## Key facts
- Last four reported quarters (through Jun 30, 2026): revenue $1.19B, net income $312M (26.2% margin) (SEC filings).
- Valuation: P/E 19.6x (avg 24.2x at the last 3 fiscal year-ends).
- 1 of 80 tracked superinvestors hold GBCI (13F, Q2 2026): 0 new, 0 added, 0 reduced, 1 unchanged.
- Insider open-market purchases, last ~7 months: 1 Form 4 filing, $106K; 0 by opportunistic insiders, 0 by routine insiders.
- Analysts: Buy (mean 1.67 on a 1–5 scale) (6 analysts), mean target USD 55.33 (range 53–60).
- Total return with dividends: 1Y +12.1% vs S&P 500 +14.5%; 5Y -1.1% vs S&P 500 +77.2%.
- Next earnings: 2027-01-21, EPS estimate USD 0.86, revenue estimate $341M.

## Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters)
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $807M | $909M | $810M | $833M | $1.03B | $1.19B |
| Net income | $285M | $303M | $223M | $190M | $239M | $312M |
| EPS (diluted) | $2.86 | $2.74 | $2.01 | $1.68 | $1.99 | — |
| Free cash flow | — | $437M | $451M | $210M | $348M | $407M |
| Net margin | 35.3% | 33.4% | 27.5% | 22.8% | 23.2% | 26.2% |
| Revenue growth | +4.5% | +12.6% | -10.9% | +2.9% | +23.7% | — |
| Cash + short-term investments | $438M | $402M | $1.35B | $848M | $1.24B | — |
Fiscal years end Dec. EPS is split-adjusted.

## Valuation (price ÷ last four quarters, through Jun 30, 2026)
P/E 19.6x · P/S 5.1x · P/FCF 15.0x · P/B 1.4x · FCF yield 6.68% · Earnings yield 5.11% · Dividend yield (paid, TTM) 2.76%
P/E at fiscal year-ends: Dec 2025 22.1x, Dec 2024 29.9x, Dec 2023 20.6x.

## Superinvestors (SEC 13F-HR, Q2 2026)
1 of 80 tracked investors hold GBCI. Each row is the investor's latest 13F; change is vs their prior-quarter share count.
| Investor | Firm | % of portfolio | Value | Change |
|---|---|---|---|---|
| Mairs & Power | Mairs & Power Funds | 0.05% | $5.5M | Unchanged |

## Insider purchases (SEC Form 4, open-market, last ~7 months)
1 purchase, $106K. Private placements, offerings, dividend reinvestment and employee stock purchase plan buys are excluded.
| Trade date | Insider | Role | Shares | Value | Avg price | Insider type |
|---|---|---|---|---|---|---|
| 2026-08-28 | Langel Craig A | Director | 2,250 | $106K | 47.04 | Too little history (no open-market trades in 2024 or 2025) |
Insider type follows Cohen, Malloy & Pomorski (Journal of Finance, 2012). An insider who traded the stock in the same calendar month in each of the past three years is a routine trader; one who traded in each of those years without such a pattern is an opportunistic trader. In their study, trades by opportunistic insiders predicted future returns and trades by routine insiders did not. Counts open-market purchases and sales only (SEC Form 4 codes P and S) by that insider in that company. Not investment advice.

## Analysts
Consensus Buy (mean 1.67 on a 1–5 scale), 6 analysts; mean target USD 55.33 (low 53, high 60).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-07-27 | DA Davidson | Maintained | Buy | $58 |

## Total return (dividends reinvested)
|  | 1Y (from 2025-10-23) | 5Y (from 2021-10-25) |
|---|---|---|
| Total return | +12.1% | -1.1% |
| S&P 500 (SPY) | +14.5% | +77.2% |
| Per year | +12.1% | -0.2% |
| Volatility (annualized) | 26.8% | 32.0% |
| Max drawdown | -21.0% (Jul 2026→Oct 2026) | -52.5% (Nov 2022→May 2023) |

## Peers (Banks - Regional)
BBD (Banco Bradesco Sa) USD 3.9 -1.39% · FITB (Fifth Third Bancorp) USD 52.66 -1.08% · DB (Deutsche Bank AG) USD 30.99 -1.57% · TFC (Truist Financial Corporation) USD 48.13 -0.61% · NWG (NatWest Group plc) USD 16.67 -1.88% · NU (Nu Holdings Ltd.) USD 14.71 -0.14%

## More
Full page: https://nexqual.com/GBCI · Free keyless MCP server with the same data and citations: https://mcp.nexqual.com/mcp · Guide for agents: https://nexqual.com/agents · https://nexqual.com/llms.txt

## Analyst estimates and revisions

| Period | EPS est. | 90d ago | Change | Revenue est. | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends 2026-12-31) | $0.86 | $0.88 | -2.5% | $340.5M | 6 |
| Next quarter (ends 2027-03-31) | $0.83 | $0.84 | -1.8% | $337.3M | 5 |
| Current fiscal year (ends 2026-12-31) | $3.11 | $3.17 | -1.6% | $1.30B | 6 |
| Next fiscal year (ends 2027-12-31) | $3.57 | $3.65 | -2.2% | $1.41B | 6 |

## Options: expected move (Cboe, 15-min delayed)

Expected move by 2027-04-16 (includes earnings 2027-01-21): ±16.7%; last 8 reports averaged ±3%.

| Expiration | Days | ATM IV | Expected move |
|---|---|---|---|
| 2027-01-15 | 84 | 33.9% | ±12.9% |
| 2027-04-16 | 175 | 30.8% | ±16.7% |